Much
new information about employee ownership in
February 2009, with 1.584 articles in this press
review (on which 670 involving stock options
and 325 about workers' cooperatives). We made
a selection of 44 remarkable articles in 12
countries: Austria, Canada, France, Germany,
India, Ireland, Italy, Jamaica, Kenya, Netherlands,
UK, USA.Austria:
Capital increase for Voestalpine in order to
further expand its employee share ownership
scheme.Canada:
The employee-shareholders may have established
the new model for the pulp and paper industry,
says Forests Minister.France:
National debate: Which profit sharing? Which
new social deal? Which place for employee ownership?
On the other hand, with 30% held by 57.000 employees,
employee ownership is a pillar for Eiffage since
its employee buyout in 1989.Germany:
That's it !! Following the Bundestag, the Bundesrat
has also voted the new legislation for the promotion
of employee ownership, it can now come into
force. Opel bailout: Employee ownership could
be a key-point.India:
Do employee stock option plans make sense in
economic meltdown?Ireland:
Bank employees who have worked in the sector
for a long time have suffered huge losses as
they were paid bank share options and these
share funds being now practically worthless.
Fears for job cuts in Eircom (35% employee-owned).Italy:
A new unified legislation about employee share
ownership is now discussed in the Senate.Netherlands:
A majority of workers at chip machinery maker
ASML has rejected company plans to delay paying
their 13th month bonus and replace it with share
options.UK:
Almost three-quarters of FTSE-100 companies'
employee share options are now underwater. Bankers
are as much victims of the financial crisis
as their customers, according to leading lawyers.USA:
Employee ownership growing in popularity. The
percentage of workers receiving stock options
in 2008 was unchanged from previous years, which
suggests that broad-based equity plans, contrary
to conventional wisdom, are not a relic of the
past… Newspapers crisis: Union to discuss possible
employee buyout in Seattle. The
full press review lists 1.584 articles, on which
572 in USA, 186 in France, 169 in Germany, 140
in Argentina, 104 in the UK, 105 in Spain, 61
in Austria, 35 in Canada, 34 in Italy, 32 in
India, 22 in Brazil, 20 in Ireland, 13 in Switzerland,
12 in Australia, 12 in Colombia, 11 in Paraguay,
10 in South Africa, 5 in Malaysia, 4 in Chile,
4 in The Netherlands, 3 in Mexico, 3 in New
Zealand, 3 in Venezuela, 2 in Belgium, 2 in
China, 2 in Jamaica, 2 in Philippines, and 1
in Algeria, Arab Emirates, Barbados, Cuba, Hong
Kong, Iceland, Kenya, South Korea, Pakistan,
Portugal, Senegal, Trinidad & Tobago and
Zimbabwe.--------> BACK TO TOP